New Delhi, Dec. 18 -- Unified Payments Interface or UPI continued to power India's digital payment system with total transaction volume rising 33.5% year-on-year to 59.33 billion in July-September period (Q3) of 2025.

During this period, the total transaction value climbed 21% year-on-year to Rs 74.84 trillion, as per a report released by Worldline India on Thursday.

The report highlighted the continued dominance of UPI, the sharp acceleration of QR-led merchant acceptance, sustained growth in card issuance, and deepening digital adoption across the country.

During Q3 of 2025, Person-to-Merchant (P2M) transactions continued to outpace Person-to-Person (P2P), reflecting UPI's dominance in everyday retail payments.

The report noted that...